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$3,644 (target)

14238 S Manistee Ave, Burnham, IL 60633

3 beds • 2 baths • 1173 sqft

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This property could be a profitable Mid-Term investment with a projected 13.87% first-year return on $57,900 initial cash invested.

13.87%

Cash On Cash

11.49%

Cap Rate

1.81

DSCR

$3,644

Rent

$669

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,644 income − $2,975 expenses = $669 cash flow

Income$3,644Mortgage P&I$1,00428%Property Taxes$66618%Insurance$662%Management$43712%CapEx$1464%Vacancy$1093%Maintenance$1464%Other$40111%Cash Flow$669

Investment Breakdown

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Purchase Price

$190k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$57,900

Downpayment

20%

$38,000

Closing costs

1%

$1,900

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$3,644

Total Expenses

$2,975

Mortgage P&I

28%

$1,004

Property Taxes

18%

$666

Home Insurance

2%

$66

HOA

0%

$0

Property Management

12%

$437

CapEx

4%

$146

Vacancy

3%

$109

Maintenance

4%

$146

Other

11%

$401

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